Jindal Paradip Port subsidiary commences commercial operations

Jindal Steel Ltd's subsidiary, Jindal Paradip Port Limited (JPPL), has commenced commercial operations for Phase I of its 12.5 MTPA capacity project on October 15, 2026. This marks the achievement of the Code of Commercial Operations (COD) ahead of the scheduled date of October 16, 2026, as per the Concession Agreement with Paradip Port Authority. The total project cost for both phases is ₹3,393 Cr, with Jindal Steel Limited investing ₹258.25 Cr in equity. The commencement of operations is crucial for securing dedicated long-term port access.